10693 SE Handicap DriveWardenWA98857
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Warden at 10693 SE Handicap Drive, Warden, WA, 98857 uses $115,992 cash to close to unlock $8,715/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,830/mo, and a $1,713/mo payment keeps the spread at $726/mo. Purchase price stands at $349,900, and rental yield measures 9.71% with $2,830/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 142.93% and total cumulative return in cash records $165,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,830/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
10,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98857, Warden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 823 (59.7%) |
| Renter Occupied HU | 464 (33.6%) |
| Vacant Housing Units | 92 ( 6.7%) |
| Median Home Value | $337,324 |
| Average Home Value | $436,470 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
659
Multi-Family
31
Businesses
77
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Listed by: Tara Zerbo • BHGRE Gary Mann Realty
Mls Name: NWMLS
Mls ID: #2461573